Alternative Ops Fund Accounting, Assc

Position Summary

We are looking for Hedge Fund Administration Managers (Associate
2) who interact with all levels of professionals internally and externally. Exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, ability to perform well under pressure, and handle multiple assignments simultaneously. Managers are responsible for directing day‑to‑day accounting and administration for several client‑sponsored investment funds.

• Manage day‑to‑day delivery of accounting and administrative services for one or more client relationships.
• Supervise and review portfolio and hedge fund level accounting for numerous funds across global service locations.
• Review limited partnership agreements and offering memorandums to ensure compliance with operational and accounting procedures.
• Plan, prepare, and execute weekly and/or monthly net asset value reporting cycle in accordance with US GAAP.
• Attend to client queries and requests in a timely manner, delegating or escalating as appropriate.
• Support onboarding of existing client funds and launch of new funds.
• Ensure adherence to internal policies and procedures and compliance with external governing regulations.
• Coordinate all external audit requests and requirements from financial reporting, tax, compliance, risk, and regulatory reporting.
• Involved in all areas of talent management including hiring, training, supervision, and delivery of performance reviews.
• Meet all requirements for the performance planning process, including goal setting, regular feedback, and submission of formalized performance appraisals.
• Contribute to working groups within the organization to improve processes.
• Participate in special client or internal projects as required.

• Bachelor’s degree in Accounting or Finance.
• 0–3 years of experience in the financial services industry, preferably within a hedge fund accounting role or fund of funds.
• Demonstrate an understanding of fund level profit & loss characteristics and its implications on investor allocations for various complex fund structures.
• Proficiency with Microsoft Outlook and Excel.
• Strong interpersonal skills, highly effective communication and organization skills.
• Ability to thrive and function in a deadline‑driven environment.
• Ability to understand and troubleshoot complex fund accounting problems and use analytical skills to resolve issues in a timely manner.
• CPA qualification is favorable but not required.
• Geneva experience preferred.

Salary Range: $41,600 – $66,560 annual
. The range quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of the primary location, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes a retirement savings plan (401K) with company match; health coverage including basic life, medical, dental, vision, long‑term disability; paid time off (vacation, sick leave, short‑term disability, and family care responsibilities); access to an Employee Assistance Program; incentive compensation including eligibility for annual performance‑based awards; and eligibility for certain tax‑advantaged savings plans.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.